Trading Signals: MELI Stock Price Prediction and Forecast

^ MELI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Dec. 13, 2016

Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(MercadoLibre Inc)
MELI latest price $156.3075 (2.04%) ($153.5758 - $158.3608) on Tue. Dec. 13, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.22% (three month average)
RSI   42
Latest Price   $156.3075(2.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.1% a day on average for past five trading days.
Weekly Trend   MELI declines -1.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
IBUY(65%)    QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)
Factors Impacting MELI price   MELI will decline at least -1.11% in a week (0% probabilities).
VIXM(-14%)    UUP(-11%)    TLT(-4%)    IPO(-4%)    SHY(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.11% (StdDev 2.22%)
Hourly BBV 0 ()
Intraday Trend 1.7%

Resistance Level   $158.43
5 Day Moving Average   $158.42(-1.33%)
10 Day Moving Average   $156.73(-0.27%)
20 Day Moving Average   $158.43(-1.34%)
To recent high   -17.9%
To recent low   3.6%
Market Cap   $7.77b

MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina.

$. MELI price fluctuates within 2.6% (three month std-dev: 2.22%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170113

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_13_2016	168.86	158.43	156.73	158.42			156.31(2.04%)	DP	OpenShort	-75	-0.5	-10	-10000	-1	-38	0.4	34%	0.03	-27.3	2.22%	0	-0.5	42	0
2	Dec_12_2016	168.81	158.3	157.29	158.56			153.18(-3.11%)	DT	OpenShort	-75	-1.3	-13	-10000	-5	-35	0.56	34%	0	-41.9	2.21%	0	-1.2	45	0
3	Dec_9_2016	168.81	158.46	158.11	159.42			158.09(-0.84%)	N/A	N/A	0	-0.3	1	-10000	7	-17	0.79	36%	0.03	-49	2.18%	0	-0.1	52	0
4	Dec_8_2016	168.76	158.65	158.52	158.21			159.44(-3.42%)	N/A	N/A	0	0.3	3	-10000	10	-19	0.63	36%	0.05	-59.7	2.19%	0	0.2	54	0
5	Dec_7_2016	168.68	159.22	159.11	156.48			165.08(5.12%)	N/A	N/A	0	1.7	2	-10000	9	-21	0.79	38%	0.1	-53.4	2.16%	0	1.1	61	0

6	Dec_6_2016	168.51	159.56	158.92	154.93			157.04(-0.25%)	DT	OpenShort	-75	0.4	-13	-10000	-7	-30	0.71	31%	0.05	-50	2.07%	0	-0.4	55	0
7	Dec_5_2016	168.42	160.11	159.25	156			157.43(3.53%)	DP	OpenShort	-75	0.2	-6	-10000	-5	-8	1	31%	0.06	-42.9	2.07%	0	-0.4	58	0
8	Dec_2_2016	168.32	160.54	159.26	156.78			152.06(0.83%)	N/A	N/A	0	-0.7	-10	-10000	-13	0	0.59	36%	0.02	-40.3	2.03%	0	-1.3	48	0
9	Dec_1_2016	168.29	161.23	159.85	158.9			150.81(-4.13%)	N/A	N/A	0	-1.3	-10	-10000	-17	10	0.91	36%	0.01	-35.5	2.23%	0	-1.7	37	0
10	Nov_30_2016	168.27	162.03	160.55	161.97			157.3(-3.12%)	N/A	N/A	0	-0.8	-1	-10000	-8	19	2.7	43%	0.04	-27.1	2.2%	0	-0.8	32	0

11	Nov_29_2016	168.2	162.62	160.43	163.4			162.38(0.65%)	UT	OpenLong	75	-0.2	5	-10000	3	9	0.5	47%	0.08	-21.1	2.16%	0	-0	34	0
12	Nov_28_2016	168.06	162.85	159.54	162.94			161.33(-0.81%)	DT	HoldShort	-50	-0.3	-1	-10000	5	-19	0.54	47%	0.1	-26.7	2.16%	0	-0.3	42	0
13	Nov_25_2016	167.9	163.15	158.97	162.1			162.66(-2.13%)	DP	OpenShort	-65	0.1	-6	-10000	7	-44	0.39	47%	0.29	-35	2.16%	0	-0.1	46	0
14	Nov_23_2016	167.41	163.43	158.85	160.92			166.21(1.09%)	DP	OpenShort	-65	0.9	-6	-10000	12	-60	0.66	47%	0.16	-41.1	2.13%	0	0.5	50	0
15	Nov_22_2016	167.14	163.58	159.23	158.96			164.41(2.69%)	DP	OpenShort	-65	0.9	-10	-10000	11	-71	0.79	47%	-0.02	-48.3	2.12%	0	0.1	48	0

16	Nov_21_2016	167.17	163.84	159.99	157.12			160.11(1.9%)	DP	OpenShort	-65	0.5	-14	-10000	9	-84	0.53	43%	0.13	-52.3	2.1%	0	-0.6	39	0
17	Nov_18_2016	166.96	164.43	160.77	155.7			157.11(0.23%)	DP	OpenShort	-65	0.2	-24	-10000	2	-100	0.41	43%	0.11	-54	2.08%	0	-1.1	38	0
18	Nov_17_2016	166.78	165.24	161.69	155.37			156.76(0.21%)	DP	OpenShort	-75	0.2	-33	-10000	-7	-110	0.44	43%	0.11	-52.8	2.08%	0	-1.3	37	0
19	Nov_16_2016	166.6	165.96	162.58	156.47			156.43(0.79%)	DP	OpenShort	-75	-0	-42	-10000	-19	-112	0.55	43%	0.15	-49.1	2.09%	0	-1.5	35	0
20	Nov_15_2016	166.35	166.62	163.59	159.64			155.2(1.44%)	DP	OpenShort	-75	-0.8	-39	-10000	-22	-91	0.8	43%	0.17	-48.8	2.09%	0	-2	32	0

21	Nov_14_2016	166.06	167.28	165.05	163.42			153(-1.58%)	DT	OpenShort	-75	-2	-28	-10000	-18	-57	1.39	43%	0.13	-49.5	2.08%	0	-2.8	28	0
22	Nov_11_2016	165.84	168.08	166.62	166.56			155.45(-4.21%)	DT	OpenShort	-75	-2.8	-17	-10000	-12	-33	1.84	43%	0.1	-66.5	2.07%	0	-3.2	28	0
23	Nov_10_2016	165.67	168.71	167.96	168.74			162.28(-5.8%)	DT	OpenShort	-75	-2.3	-8	-10000	-4	-19	1.09	48%	0.16	-109.7	2.01%	0	-2.3	33	0
24	Nov_9_2016	165.4	169.04	168.68	169.35			172.28(-1.05%)	N/A	N/A	0	0.8	3	-10000	8	-12	0.66	57%	0.22	-98.6	1.88%	0	0.9	53	0
25	Nov_8_2016	165.03	169.46	168.4	168.11			174.1(3.2%)	DP	OpenShort	-65	1.2	-2	-10000	6	-24	0.5	57%		-87.6	1.89%	0	1	59	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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